Asset Sales

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• The Green Party supports the use of public investment which will effectively further the transition to a fair and sustainable economy.
• The Green Party believes that direct Government ownership (wholly or in part) of assets and enterprises is an important part of an integrated economic transformation strategy.
• Green policy objectives, including economic transformation objectives, can be achieved most effectively through public ownership. (more here)

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• Continue improving management of taxpayer-owned assets.
• Continue using private sector capital and disciplines where appropriate.
• More actively monitor Crown-owned entities. (more here)

• Commit to buying back the shares at no greater price than paid by the first purchaser.
• Stop further state asset sales. If considered appropriate, and only where necessary, public assets currently in the hands of the Government will be commercially managed in the public interest and ownership.
• Bring the energy companies sold by the National Government back into public ownership and put them back under a single generating entity.
• Establish KiwiFund, a government owned KiwiSaver provider, which will have a focus on investing in New Zealand assets and infrastructure.
• Direct the guardians of the New Zealand Superannuation Fund to prioritise the purchasing of shares in New Zealand infrastructure companies, particularly when they are being sold by overseas investors, with the aim of building a solid base of New Zealand ownership of these assets. (more here)

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